Oleg Tinkov is the Russian entrepreneur.
Oleg Tinkov is known as the founder of retail network of home appliances Tekhnoshok, the Darya plants making the frozen semi-finished products, brewery and network of Tinkoff restaurants. Less known projects — musical shop "Music Shock" and a record label Shock of Records.
Oleg Tinkov was born on December 25, 1967 in the settlement of Polysayevo, the Leninsk-Kuznetsky district of the Kemerovo region.
In 2006 Oleg Tinkov based the TCS Group Holding PLC group and also Tinkoff Credit Systems bank.
As of June, 2018 holds a post of the chairman of the board of directors of Tinkoff of Bank. Influence on the decisions made by governing bodies of bank through significant effect on the only shareholder of bank — Tisies Group Holding Pielsi company (Cyprus) is the person rendering essential (direct or indirect).
On June 29, 2018 TCS Group Holding PLC (TCS LI) announced receiving from the founder and the holder of a controlling stake of group Oleg Tinkov the notification on plans to increase the share in it. In particular, according to the statement of TCS, Tinkov is going to redeem the GDR (global depositary receipts) of group for the amount to $20 million Read more here.
U.S. authorities accused Oleg Tinkov of concealment of $1 billion from taxes
The U.S. Department of Justice brought charge against Oleg Tinkov. He is suspected of concealment from taxes of assets of $1 billion.
Follows from the message of department that after entry into the TCS Group Holding PLC exchange of Oleg Tinkov the entrepreneur held shares of the company for $1 billion. In three days after the IPO the businessman, according to Ministry of Justice, refused the American citizenship which holder, in particular, is obliged to announce in American tax profit on the assets.
According to the statement of the ministry, Tinkov submitted the false tax declaration. In it it appeared that the income of the businessman for 2013 was $205,317. In other document filed by Tinkov (also allegedly false), it was said that its status equals $300 thousand.
| ||The statement for expatriation which Tinkov prepared and signed in the Northern District of California and submitted to Internal revenue service of the USA, was in a false manner reported that equity of Tinkov for date of his expatriation was $300 thousand , the document says.|| |
In case of recognition by the guilty person Tinkov is threatened by imprisonment for a period of up to three years on each point — i.e. six years of prison. Also U.S. authorities can impose penalties on the banker, but their amount by the beginning of March, 2020 does not reveal.
Earlier in 2020 the tax administration of the USA initiated concerning the entrepreneur judicial listenings in London. After issue of the warrant for his detention, Tinkov posted bail in 20 million pounds. It was released, having obliged to hand over passports of Russia and Cyprus and also the residence permit in Italy.
The hearings of the case of Tinkov will last till April, 2020. For the period of trials the businessman will not be able to leave London. He is also obliged to be from 7 p.m. till 7 a.m. local time in the apartment and three times a week to be noted in police.
to Oleg Tinkov diagnosed a blood cancer
On March 6, 2020 Oleg Tinkov told about the serious disease. To it diagnosed a sharp form of leukemia (blood cancer).
| ||In recent days I did not appear in public that raised some questions and speculation, especially in the light of the fact that there is a legal procedure. And though I long did not want to disclose details, but, probably, time to report came — the sharp form of leukemia is diagnosed for me — Oleg Tinkov told journalists through the lawyer.|| |
According to the businessman, the diagnosis was made to him in October, 2019, but he long did not want to reveal him. Tinkov thanked the family for support and assured all that with his business "everything is good".
| ||There a fine command led by Oliver [Hughes, the chairman of the board of Tinkoff of bank — a comment of TAdviser], and the fact that I already few years as departed from operating activities, help. All according to the plan, I can be quiet — the founder of Tinkoff bank reported.|| |
It also gave comments about charges of the American authorities of concealment from taxes of assets of $1 billion:
| ||As for questions from the USA on my taxes in the past, on them lawyers work, leaving me forces on a lawsuit with my main enemy. Certainly, it is the most difficult stage in my difficult life, but I hope for God, the body, friends and your support — Tinkov reported.|| |
By 5:45 p.m. Moscow time at the Moscow Exchange the cost of securities of the company fell up to 1185.6 rub apiece that there is 20% below than the level of closing of the previous biddings, at the London exchange the price of receipts decreased up to $17.38 (minus 21%).
Oleg Tinkov is keen on road bicycle racing and has category of the candidate for the Master of Sports of the USSR.